$299,900
$50K PRICE DROP

Estimated payment $1,986/month

Total Views 17,664
5 Beds
4 Baths
2,178 Sq Ft
$138 Price per Sq Ft

About This Home

This building offers classic Duluth charm with strong income potential in the heart of Central Hillside. This 1911 multi-family property features approximately 2,178 sq ft with four total units, offering a mix of 5 bedrooms and 4 baths across the building, creating excellent flexibility for tenants or an owner-occupant. High ceilings, large windows, and an efficient floor plan give each unit a bright, comfortable feel. Residents appreciate the urban convenience of this location, just minutes from downtown, the medical district, colleges, and Lakewalk access, with nearby transit, parks, and local amenities enhancing everyday living. The compact lot keeps exterior maintenance manageable while still providing a sense of neighborhood streetscape and walkability. Whether you are expanding your portfolio or looking for a well-located property with established rental history, 517 E 5th St stands out as a solid, centrally situated Duluth opportunity.

Listing Agent

Tracy Ramsay

RE/MAX Results Listed on: 01/29/2026

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,450

Year Built

  • Built in 1911

Parking

  • On-Street Parking

Interior Spaces

  • 2,178 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 25x73
  • Forced Air Heating System

Community Details

  • 4 Units
  • Duluth Proper 1St Div East 5Th Street Subdivision

Listing and Financial Details

  • The owner pays for electricity, fuel, grounds care, repairs, sewer, snow removal, water
  • Assessor Parcel Number 010101000870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,450

Year Built

Built in 1911

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Fourplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1911
  • Above Grade Finished Sq Ft: 2178
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 2178
  • Owner Pays: Electricity, Fuel, Grounds Care, Repairs, Sewer, Snow Removal, Water
  • Basement YN: Yes
  • Total Rooms: 5
  • Total Rooms: 4

Beds/Baths

  • Total Bedrooms: 5

Garage/Parking

  • Parking Features: On-Street Parking Only

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Duluth
  • SchoolDistrictPhone: 2183368700

Lot Info

  • Lot Size: 25x73
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 4

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 010101000870
  • Tax Annual Amount: 4450
  • TaxWithAssessments: 4479

Multi Family

  • TenantPays: Trash Collection
  • ElectricExpense: 1908
  • FuelExpense: 1649.22

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,450 $266,400 $65,200 $201,200
2023 $4,450 $260,800 $63,800 $197,000
2022 $4,448 $282,300 $66,200 $216,100
2021 $2,582 $221,400 $65,700 $155,700
2020 $2,658 $131,500 $11,000 $120,500
2019 $2,196 $131,500 $11,000 $120,500
2018 $2,066 $109,600 $9,100 $100,500
2017 $2,060 $109,600 $9,100 $100,500
2016 $2,004 $67,200 $6,400 $60,800
2015 $2,079 $109,600 $9,100 $100,500
2014 $2,079 $111,000 $5,700 $105,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2026 03/16/26 Price Changed $299,900 -4.8% $138 / Sq Ft
02/12/2026 02/12/26 Price Changed $315,000 -10.0% $145 / Sq Ft
01/29/2026 01/29/26 For Sale $349,900 +20.7% $161 / Sq Ft
09/02/2021 09/02/21 Sold $290,000 +9.4% $133 / Sq Ft View Prior Sale
07/17/2021 07/17/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $265,000 -- $122 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 7014521

NorthstarMLS
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